What should I do with my money in my 40's?

Retirement

No one really likes getting older but it is a fact of life and realistically you need to plan for the day that you eventually get to retire, ride off into the sunset and enjoy your golden years. If you’re in your 40’s you’ve still got 20 years before your retirement and you still have a decent amount of time to plan for it.

If you don’t have a pension it might be time to look into it. If you do have one reviewing it now may ensure you maximise its efficiency.

Housing

There are two elements to this part. You either own a house currently or you don’t. Either way planning for your future accommodation needs is important. Renting is becoming more common place it’s quite expensive to rent for your lifetime especially in densely populated areas. If renting long term is not for you then looking at buying a house might be the solution.

If you currently own and a house and have a mortgage you should review it every 2 to 3 years to ensure you are...

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